| Full Name: | Fundación Paraguaya |
| Founder: | Martin Burt |
| Vat Id: | (for European organizations) --> |
| Location: | Paraguay |
| Owners: | --> |
| Leader Title: | CEO |
| Leader Name: | Martin Burt |
Fundación Paraguaya is a leading edge self-sufficient social enterprise founded in Paraguay in 1985 that seeks to develop innovative solutions to poverty and unemployment, and proactively disseminate them throughout the world.
The Foundation enables people of limited resources to create jobs and increase their family income, promoting urban and rural entrepreneurship through four interrelated strategies:
Fundación Paraguaya has received a number of awards, grants, and distinctions, including the Skoll Award for Social Entrepreneurship.[2] In 2018, the organization was awards the Juscelino Kubitschek Visionaries Award by the Inter American Development Bank.[3]
Fundación Paraguaya was founded by social entrepreneur Martin Burt in 1985, during the Stroessner dictatorship. They were the first microfinance institution in Paraguay, as well as a founding member of the Acción International microfinance network. They later adapted the Junior Achievement program's methodologies to serve underprivileged youth and teach them financial literacy. In 2003 the foundation took over a bankrupt boys' agricultural school, turning it into a financially self-sufficient school providing coed agricultural education. In 2009, they added a girls' school, and two more schools joined the educational model by 2011. They have committed to replicate the model in 50 schools globally.[4]